Crude Oil Production in Azerbaijan increased to 784 BBL/D/1K in May from 769 BBL/D/1K in April of 2019. Crude Oil Production in Azerbaijan averaged 581.46 BBL/D/1K from 1994 until 2019, reaching an all time high of 1072 BBL/D/1K in June of 2009 and a record low of 168 BBL/D/1K in February of 1997.

Crude Oil Production in Azerbaijan is expected to be 750.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Azerbaijan to stand at 790.00 in 12 months time. In the long-term, the Azerbaijan Crude Oil Production is projected to trend around 700.00 BBL/D/1K in 2020, according to our econometric models.

Azerbaijan Crude Oil Production
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Forecast Data Chart
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Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 348851.00 2486149.50 8201764.00 -306551.00 USD Thousand [+]
Current Account 1603.00 963.00 6029.00 -738.00 USD Million [+]
Current Account to GDP 7.90 5.50 35.30 -31.90 percent [+]
Imports 4754916.00 2260684.90 4754916.00 312012.00 USD Thousand [+]
Exports 5103166.00 4746834.40 9996038.00 129728.00 USD Thousand [+]
Capital Flows 213.00 727.00 4414.00 -2980.00 USD Million [+]
Crude Oil Production 784.00 769.00 1072.00 168.00 BBL/D/1K [+]
Gold Reserves 0.00 0.00 30.20 0.00 Tonnes [+]
Foreign Direct Investment 809.00 1176.00 2231.00 586.00 USD Million [+]
External Debt 15253903.00 15016290.00 15253903.00 35540.00 USD Thousand [+]
Terrorism Index 0.96 1.15 2.93 0.09 [+]
Tourist Arrivals 13455.00 8949.00 23440.00 2009.00 [+]
Remittances 126.00 176.00 286.08 -170.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Azerbaijan Crude Oil Production

This page provides the latest reported value for - Azerbaijan Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Crude Oil Production - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
784.00 769.00 1072.00 168.00 1994 - 2019 BBL/D/1K Monthly
NSA




Country Last Previous
United States 12082.00 Jun/19
Russia 10709.00 May/19
Saudi Arabia 9789.00 Aug/19
Canada 4184.00 May/19
China 3822.00 May/19
Brazil 2731.00 May/19
Mexico 1681.00 May/19
United Kingdom 1050.00 May/19
Indonesia 756.00 May/19
India 674.00 May/19
Argentina 505.00 May/19
Australia 329.00 May/19
Italy 77.00 May/19
Turkey 58.00 May/19
Germany 37.00 May/19
Netherlands 13.00 May/19
Japan 4.00 May/19


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